The AT&T-bound Acer Iconia Tab A501 might not have caught your eye with ground breaking features, but boasting an on-contract price tag of $330 is already some kind of achievement worth a deeper look. So what do you get for your money? The Iconia Tab A501 is a 10.1-inch Honeycomb tablet sporting HSPA+ 4G, but no LTE.

The spec sheet lists a 1GHz dual-core Tegra 2 processor. The slate is not among the thinnest ones with its 0.52-inch (13.3mm) thick profile and considerable 25.75 ounces of weight. It comes in two variations - one sporting 16 gigs of memory and coming for an off-contract price of $480 at AT&T. The suggested retail cost is slightly bigger at $499, while 32GB in retail would set you back $599, in line with prices of the iPad 2.

The Iconia Tab A501 will arrive with Honeycomb 3.0, but Acer reps assured us that a bump up to 3.1 is coming via an OTA update, we just wish we knew exactly when will this happen. Back to the pricing scheme, the $330 deal comes bundled with a data plan starting at $15 for 250MB monthly allowance and going to $25 for 2 gigs, with overage fees of or $15 for 250MB or $10 per gig, depending on your plan. Is that pricing enough of an incentive for you to get Acer’s HSPA+ enabled tablet?

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